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Law must change to go after companies allowing financial crime, MPs urge

Law must change to go after companies allowing financial crime, MPs urge
Published on: 13 January 2021
Updated on: 21 January 2021
Published by: MLex
  • Law must change to go after companies allowing financial crime, MPs urge

Article summary

MLex: Companies must be more easily prosecuted for failing to prevent economic crime, the All-Party Parliamentary Group on Anti-Corruption and Responsible Tax have urged, beyond current legislation that only punishes failures to prevent bribery or tax evasion. A proposed amendment to the Financial Services Bill, debated in Parliament on 13 January 2021, seeks to toughen the regime. or take a trial to read the full analysis.

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